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Posts Tagged ‘1837’

Think capitalism came into the lexicon from the work of Adam Smith? Think again. Capitalism is the new kid on the block relative to socialism and communism.

According to the Merriam-Webster Online Dictionary, the word capitalism was first used in 1877 — 87 years after the death of Adam Smith. The word socialism was first used in 1837, and communism in 1840.

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hatrickpenry

AN ALTERNATIVE TO THE ALTERNATIVE MEDIA

Recovering Austrians

Supporting recovering Austrian Economics addicts and their families

Real Currencies

Supporting People and the Commonwealth and resisting the Money Power by defeating Usury